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Friday, April 13, 2007 11:58:22 AM
SHANGHAI (Interfax-China) -- The Paris-based International Energy Agency (IEA) has raised its forecast for oil product demand growth in China for this year to 6.8%, up from the 6.1% growth it had previously estimated, state media reported.
The updated figure, representing demand of 7.64 million barrels a day, was made due to the strong domestic demand for oil products seen in January and February.
http://www.resourceinvestor.com/pebble.asp?relid=30825
JMO - Do your own DD.
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